Objective Corp Current Valuation vs. EBITDA
| OCL Stock | 17.48 0.03 0.17% |
For Objective Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Objective Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Objective Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Objective Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Objective Corp over time as well as its relative position and ranking within its peers.
Objective |
Objective Corp EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Objective Corp's current stock value. Our valuation model uses many indicators to compare Objective Corp value to that of its competitors to determine the firm's financial worth. Objective Corp is rated top company in current valuation category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 0.03 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Objective Corp is roughly 35.13 . At this time, Objective Corp's EBITDA is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Objective Corp's earnings, one of the primary drivers of an investment's value.Objective Current Valuation vs. Competition
Objective Corp is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is now estimated at about 3.93 Billion. Objective Corp totals roughly 1.58 Billion in current valuation claiming about 40% of equities under Information Technology industry.
Objective EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Objective Corp |
| = | 1.58 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Objective Corp |
| = | 45.01 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Objective EBITDA Comparison
Objective Corp is currently under evaluation in ebitda category among its peers.
Objective Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Objective Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Objective Corp will eventually generate negative long term returns. The profitability progress is the general direction of Objective Corp's change in net profit over the period of time. It can combine multiple indicators of Objective Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -10.7 M | -10.1 M | |
| Operating Income | 39 M | 41 M | |
| Income Before Tax | 38.4 M | 40.3 M | |
| Total Other Income Expense Net | -664 K | -630.8 K | |
| Net Income | 31.3 M | 32.9 M | |
| Income Tax Expense | 7 M | 7.4 M | |
| Net Income Applicable To Common Shares | 24.3 M | 25.5 M | |
| Net Interest Income | 2 M | 2.1 M | |
| Interest Income | 2.7 M | 2.8 M | |
| Net Income From Continuing Ops | 31.3 M | 15.8 M | |
| Change To Netincome | 317.4 K | 301.5 K |
Objective Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Objective Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Objective Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Objective Corp's important profitability drivers and their relationship over time.
Use Objective Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Objective Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Objective Corp will appreciate offsetting losses from the drop in the long position's value.Objective Corp Pair Trading
Objective Corp Pair Trading Analysis
The ability to find closely correlated positions to Objective Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Objective Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Objective Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Objective Corp to buy it.
The correlation of Objective Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Objective Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Objective Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Objective Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Objective Corp position
In addition to having Objective Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Entertainment Thematic Idea Now
Entertainment
Companies from entertainment industry including show business, news and media. The Entertainment theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Objective Stock Analysis
When running Objective Corp's price analysis, check to measure Objective Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Objective Corp is operating at the current time. Most of Objective Corp's value examination focuses on studying past and present price action to predict the probability of Objective Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Objective Corp's price. Additionally, you may evaluate how the addition of Objective Corp to your portfolios can decrease your overall portfolio volatility.